The world of wearable computers

May 20, 2013

“The next big thing” is the rise of sophisticated wearable technology, such as smart watches, and other accessories, according to Credit Suisse semiconductor analysts, Fortune reports.

The wearables market is perhaps $3 billion to $5 billion today, rising to perhaps $30 billion to $50 billion over the next three to five years, the analysts forecast, adding that there may be upward of 15% of smartphone owners who end up buying a wearable, the authors opine, for perhaps 6% share of the total global electronics market.

The theory is that smartphones are going to be the hub connecting a proliferation of small, wireless devices that will become increasingly popular as software improves, component prices fall and new business uses emerge, says Fortune.

Comments (9)

Great blog!
Will you be at GMIC in SF? My company, Blue Topaz, is competing in the G-Startup competioion. We’re introducing a wearable audio technology, Bluetooth Earrings. Here’s a link to our entry:http://sv.thegmic.com/portfolio/blue-topaz/
Please LIKE us and if you think we’re newsworthy, blog about us.
Regards,
Eric Klein
CEO Blue Topaz

Not interseted in a smart watch unless it has speech recognition. I have a hard enough time trying to type a text message on the tiny “keys” on my smartphone. We’ve got to move beyond typing and weird “gesture” symbols for this to really catch on.

There is no doubt that wearable computers will be a huge influence on how we interact with the world, but I don’t think our phones will be the hub of it all (at least in the long term). With the simultaneous rise of decentralized computing, there will be no need for a hub. We will be able to do pretty much anything from any device.